A Big Bank Breakout and Cathie Wood’s Latest Bet
CNBC's "Fast Money"
00:00
Cisco - Recurring Revenue, Software, and More
This is a recurring revenue, software, y higher multiple story. It's happening across some of their sophoware segments. 53 % of those will be recurring purchases over the next 12 months. If you take kind of a hybrid multiple, scuse me, a hybrida e p s, it's somewhere around 62 dollar stock on a 17 multiple. Where you should be putting it 25 to 30 times multiple on it.
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